Monthly Archives: April 2008

Investment returns and SIBOR

The Singapore Interbank Offered Rate (SIBOR) is the interest rate banks pay each other to borrow cash. 3-month SIBOR had dropped steadily from 2.88% on 5 April 2007 to 1.31% on 4 April 2008. As a consequence, the 3 local … Continue reading

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STI broke the 3000 points level

Since 25 March (Tuesday) last week, STI broke the 3,000 points level closing at 3,000.19. It continued above 3,000 points on 27 to 28 March. For this week starting 31 March (Monday), STI continued on the uptrend with the biggest … Continue reading

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Tuesdays with Morrie

I re-read a second time, this true-life account of Professor Morrie Schwartz and the days he lived out till he died.  It is still a powerful and emotional piece of writing, more so during my second reading.   Morrie was … Continue reading

Posted in Book Review